Is Wray, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wray is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wray was a Seller's Market.

Key Takeaway

Wray is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wray, CO

How much do homes in Wray, CO cost?

Median Sold Price

$172,500

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$72,500(-29.6%)

Key Takeaway

Homes in Wray have sold for 29.6% less than they did a year ago.

Summary: The median home sold price in Wray was $172,500 in October 2024, down 29.6% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$129K
N/A
2 $115K$149K
+29.6%
3 $213.9K$275.7K
+28.9%
4 $245K$255K
+4.1%
5+ $265K$130K
-50.9%

Summary: Wray housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 28.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 50.9%.

Housing Supply in Wray, CO

How many homes are available in Wray, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1310-23.1%

Summary: The Wray real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 77
0.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The Wray housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wray, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Wray in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wray, CO

How long does it take to sell a home in Wray, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days86 Days+87.0%

Summary: Homes in Wray had an average of 86 days on market in Oct 2024, up by 87% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wray has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Wray; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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